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Yahoo FinanceMay 23

McDermott Reaffirms Schedule for Freeport LNG Project

HOUSTON, May 23, 2019 /PRNewswire/ -- McDermott International, Inc. (MDR) today reaffirmed its previously disclosed schedule for the Freeport LNG project in Freeport, Texas.
As disclosed on April 29, 2019, McDermott expects initial LNG production from the third and final train to occur in the first quarter of 2020.
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U.S. FERC approves fourth train for Texas Freeport LNG export plant

May 16 (Reuters) - The U.S. Federal Energy Regulatory Commision (FERC) approved privately-held Freeport LNG's plan to build and operate a fourth liquefaction train at its Freeport liquefied natural gas export terminal in Texas: * Freeport said it expects the U.S. Department of Energy to authorize Train 4 to sell LNG to non-Free Trade Agreement countries later this quarter.

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-$0.30

$0.33

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